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Preservation Board

A Report on the Financial Review of Agency Operations at the State Preservation Board

Report Number 96-025

The State Preservation Board (Board) has adequate controls over current projects, enterprise operations, and financial management information. Approximately $4.3 million in unexpended appropriations will be available for use on the Historic Capitol Grounds Project. In addition, the Board's enterprise operations are self-supporting.

The Board is successfully closing out the Capitol Interior Preservation Project. Through August 31, 1995, the Board has expended a total of $181.2 million on the Capitol Restoration and Extension projects, with the final cost estimated at $185.8 million.

The Historic Capitol Grounds Project, which encompasses civil, site amenity, and landscape improvements to the Historic South Grounds of the Capitol, is set to be completed by the 75th Legislature. A total of $6.23 million in funding is projected to be available for the project.

According to a joint study by the State Preservation Board and the General Services Commission, the existing maintenance program, administered by the Commission, does not meet the needs of the renovated Historic Capitol Complex. The Board should take actions to ensure that all of the maintenance and management issues related to the Historic Capitol Complex have been adequately addressed.

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